
Nashville, TN 37206
This Modernized Historic Bungalow is a High-Potential Investment Opportunity, listed at $610,000—positioned well below the $680,115 Fair Market Value by 10%. This valuation gap provides $70,115 in Instant Equity. Boasting a Mint Condition Rating, the home features a renovated kitchen, updated bathrooms, and original hardwood floors. The 8,712 sqft lot is DADU-eligible, offering significant rental upside near the future Renraw district. While local schools are underperforming, the turnkey interior and expansion potential make this an elite acquisition for Owner-Occupants or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2502 Trevecca Ave Subject | $610,000* List Price | 5 | 2 | 2,062 | $330 | - |
A 1032 W Greenwood Ave Sold | $519,900 List Price | 4 | 3 | 2,269 | 0.4 mi | |
B 802 N 16th St Sold | $655,000 | 3 | 2 | 2,249 | $291 | 0.7 mi |
C 1125 Sharpe Ave Sold | $745,000 | 3 | 3 | 2,031 | $367 | 0.5 mi |
D 1125 Sharpe Ave Sold | $745,000 | 3 | 3 | 2,095 | $356 | 0.5 mi |
E 953 Sharpe Ave Sold | $620,000 | 3 | 2 | 1,681 | $369 | 0.5 mi |
F 953 Sharpe Ave Sold | $620,000 | 3 | 2 | 1,681 | $369 | 0.5 mi |
G 1422 Benjamin St Active | $675,000 List Price | 3 | 3 | 2,243 | $301 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1931, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern bathroom fixtures, herringbone tile, and 'turnkey' description. The interior is in mint condition with refinished original hardwoods and updated kitchen/baths, though the presence of window AC units suggests the HVAC system relies on localized cooling for the upper floor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2062.
This 1931 bungalow perfectly blends original character, such as arched doorways and a stone fireplace, with essential modern renovations in the kitchen and bathrooms.
The property is DADU-eligible and located across from the future Renraw district development, offering significant long-term value appreciation and rental income possibilities.
The assigned middle and high schools have low performance ratings (3 and 2 respectively), which may be a drawback for families prioritizing public education quality.
Fitting five bedrooms into 2,062 square feet suggests that some rooms may be smaller than modern standards, potentially limiting furniture arrangements and storage.
Great East Nashville Bungalow ready for its next owner! Nestled in the historic Renraw neighborhood across from the future Renraw district development, this quintessential East Nashville home blends historic charm with modern livability. Located just steps from some of East Nashville’s favorite local spots—and only 10 minutes to downtown, 18 minutes to Midtown, and 20 minutes to BNA—you’ll love the walkability and unbeatable convenience. Full of character, the home features original hardwood floors, arched doorways, a classic stone fireplace, and an extra-wide front porch complete with a porch swing! This sets the tone for the warm, quirky, and inviting vibe throughout. Inside, a thoughtful layout offers flexibility and comfort, highlighted by a renovated kitchen and beautifully updated bathrooms. With 5 bedrooms, you’ll have plenty of options for a home office, studio, music room, or guest space. Enjoy generous outdoor spaces with a large, flat, fenced yard in both the front and back—perfect for pets, gatherings, or future expansion. The property offers off-street parking in the rear and is DADU-eligible, providing excellent potential for added value. All appliances, including washer and dryer, remain—and the home can even be purchased fully furnished, making this a truly turnkey opportunity in one of Nashville’s most interesting neighborhoods! Ask about 1% towards lower rate with preferred lender.
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,062 | 1,834 | 59% |
| Lot Size | 8,712 | 7,841 | 57% |
| Price | $610.0K | $584.9K | 51% |
| Price per sq ft | $296 | $356 | 34% |
| Built year | 1931 | 1938 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 707 | 0% |
Apr 15, 2026
$610,000
Initial Listing